Industry NewsMortgage

Libel suit against Mortgage ‘Implode-O-Meter’ to proceed

Judge rules lender may have been damaged by site's postings
Published on Jul 30, 2007

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by CareyBot

A judge in California has ruled that a popular Web site that maintains a list of "imploded" mortgage lenders must defend itself against a libel suit by a lender that was placed on the list and described as "gone" in a blog post heading.

The Loan Center of California Inc ...